Fewer Americans Default on Credit Cards
Americans kept making their credit card payments on time in October; the average charge-off rate fell by 0.06% and is 3.69% lower than a year ago....
Tag: credit card debt
Americans’ Credit Card Debt Slightly Up, Credit Scores Keep Falling
Americans' credit card debt in October was up 1% from September to $6,600, but is down 11% on a year-over-year basis; credit scores are down to 661....
U.S. Credit Card Delinquencies Up, but still Near Record Lows
The U.S. credit card delinquency rate in Q3 2011 rose to 0.71%, but is still 14.45% lower than the Q3 2010 level; credit card debt is also down....
Americans Slash Credit Card Debt to Lowest Level in More than 7 Years
The aggregate volume of U.S. consumer credit card debt fell by 1%, or $627 million, in September, reaching its lowest level in more than 7 years....
Halloween Credit Card Art
Los Angeles-based artist Cain Motter is creatively destroying credit cards by melting them into visions of what he thinks they really represent....